The Colonnades, 619 Purley Way, Croydon CR0 4RQ - Asset Disposal

October 10, 2023 Corporate Director of Resources (Section 151) (Officer) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to approve the disposal of the freehold of The Colonnades, 619 Purley Way, Croydon CR0 4RQ, at the value stated in the confidential Part B report and to note that an annual update on the Annual Asset Disposal Plan (AADP) will be brought to Cabinet detailing all disposals and lettings and the achieved price.

Full council record
Purpose

a.                 
To approve
the disposal of the freehold of The Colonnades at the value stated
in the confidential Part B report.

b.                 
To note, an
annual update on the Annual Asset Disposal Plan (AADP) to be
brought to Cabinet detailing all disposals and lettings and the
achieved price.
 

Content

RESOLVED:
 

1.              
To approve the disposal of the freehold of The
Colonnades at the value stated in the confidential Part B
report.
 

2.              
To note, an annual update on the Annual Asset
Disposal Plan (AADP) to be brought to Cabinet detailing all
disposals and lettings and the achieved price.
 

Supporting Documents

Appendix 2 - The Colonnades Croydon - Investment Brochure.pdf
The Colonnades - Report- Part A FINAL4.pdf
Appendix 1 - Annual Asset Disposal Plan 2023-24 Cab paper.pdf

Details

OutcomeRecommendations approved
Decision date10 Oct 2023
Subject to call-inYes